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20121129
20121207
Search Results 0 to 8 of about 9 (some duplicates have been removed)
billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with secretary geithner, speaker boehner said he didn't see any sign of compromise from the white house. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> eliot: no sooner had boehner finished then senate majority leader harry reid took the podium to challenge republicans to come up with their own plan. >> we're saying extend the tax cuts for middle class. as part of that, of course, we know if we do nothing that top rates go up and the nats are waiting for the republicans to come
commitment that obama made, then we could go at international negotiations, and develop an agreement. i think the chinese understand that ultimately building all these coal plants is going to hurt them more than us because they've got more people. they've got a lot of people along the coast lines. they have a lot of people living in very dry arid conditions that will just get drier. they have a lot of mouths to feed and they're drawing down their aquifers. i think if the u.s. were in a position to show some leadership to say we're going to reduce emissions, now china get off your butt and you reduce emission, then i think you could see a global deal. obviously if the richest country in the world, which is is the biggest cumulative polluter refuses to lead, you can hardly expect poorer countries too do so. >> eliot: it has not really accomplished anything but you're right. there is no way to anticipate success if we do not take the first step and say as wealthy as we are we cannot afford to do so. it's imperative that we do so. author of "language and intelligence." joe rome, you are a diverse
a solution for president obama this time around. mr. president, turn the tables on him speaker boehner that is. we all recall the trap that the white house fell into last year, letting negotiations over the potential government shutdown be concluded only to be held hostage again when the republicans then refused to raise the debt ceiling without getting additional concessions. it was, as congressman welch said it was professional malpractice not to wrap the debt ceiling into the first round of negotiations. so don't do it again. the debt ceiling will necessarily and inevitably be hit and breached early next year. yet when president obama told speaker boehner at their november 16th meeting to raise the ceiling by year's end boehner said there is a price for everything. no, there doesn't have to be. sometimes what is necessary and good policy should just be done. the ceiling will be breached because of the fiscal track we're on and agreeing to the expenditures and revenues that are now in place the debt ceiling will be exceeded because of the boehner's policies, policies that have driven
event in pennsylvania to tout his proposal in the fiscal cliff negotiations saying that the american people made their economic wishes clear on the election day. >> obama: this was a central questions in the election. maybe the central question in the election. you remember. we talked about this a lot. at the end of the day a clear majority of americans--democrats republicans, independents--they agreed with a balanced approach. >> eliot: republicans meanwhile openly deride the president's proposal saying they're the ones taking negotiations seriously. >> the proposal that was delivered here by secretary geithner the speaker and me yesterday was not a serious proposal. >> i mean, it's--it's--it's--it was not a serious proposal. i think the debt crisis that we face requires us to make serious decisions. >> we're not playing a game. we're being serious. >> eliot: bottom line. let's hope there is a different script being played out behind the scenes. joining me now for some serious wisdom is staff reporter for mother jones andy kroll. thank you for joining me tonight. >> my pleasure. >>
that he hold. obama has the advantage of letting--going over the cliff and letting it all expire so he starts to get the revenue that he wants. what does boehner have to negotiate? j. >> cenk: this is dr. strangelove territory. this is peter sellers pushing the button. you do this, and you destroy yourself. it's an insane negotiating ploy. it's hard to think that he could push that button. he used it last year and there was a consensus that politically that republicans lost face and lost public support and they were playing with fire. am i misreading this? >> no, because i think part of it, again, we're talking about the markets. it strikes fear in the markets. they say, president obama you better do something because the stock markets and the bond markets are reacting negatively to all these issues about the debt ceiling. but we saw what happened after august of 2011 we got downgraded. our debt was downgraded but the interest rates that we pay on our debt has fallen. the stock market has continued to rise. i think if we had that drama again, the treasury department has options. there
Search Results 0 to 8 of about 9 (some duplicates have been removed)